#79687771, William Klingberg, Listing office: AIM Realty, Inc.
Property details
About 1511 Scharpe St
Exceptional investment opportunity in a rapidly growing neighborhood near Downtown Houston! This well-maintained fourplex offers unbeatable versatility just minutes from the University of Houston, NRG Stadium, the Houston Zoo, the Texas Medical Center, and other major attractions. Ideal for both investors and first-time homebuyers, the property allows you to live in one unit while renting out the other three—perfect for house hacking or generating passive income. The location is highly desirable for short-term rentals, with easy access to major highways, public transit, and employment centers. With strong rental potential and proximity to key destinations, this fourplex is a smart addition to any portfolio. Don’t miss your chance to own in one of Houston’s most promising areas!
Highlights
Home typeQuadruplex
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Electric
Size1,585 sqft
Year built1935
MLS #65077253
Summary
- Total Bedroom Count: 1
- Architectural Style: Fourplex
- Heating: Central, Natural Gas
- Cooling: Central Air, Electric
- List Price: $499,000
- Price/SqFt: $314
- Annual Tax Amount: $5,735
- Tax Year: 2024
- Directions: From I-69/US-59 N in Stafford, continue to Houston, take exit 44C from I-45 S. Continue on Gulf Fwy and follow GPS to Scharpe St.
- Year Built: 1935
- Stories: 1
- Living Area: 1,585 SqFt
- MLS Number: 65077253
- MLS Name: HAR
- Office Name: Keller Williams Signature
- Office Phone: (281) 599-7600
- Office Email: klrw17@kw.com
- Listing Agent: Shahriyar Mehrazar
Disclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.
Copyright© 2025 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 8/1/2025, 5:15:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $284,678 | $5,735 |
| 2023 | $284,678 | $4,388 |
| 2022 | $235,088 | $5,176 |
| 2021 | $199,512 | $4,388 |
| 2020 | $182,900 | $4,371 |
| 2018 | $144,020 | $3,860 |
History based on county public records data.
Nearby schools
3
Kipp Explore Academy
Public Charter PK-4
0.5 mi
•5402 Lawndale St
6
J. P. Henderson Elementary School
Public District EE-5
0.6 mi
•1800 Dismuke St
4
Cage Elementary School
Public District EE-5
0.7 mi
•4528 Leeland St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,000. Most Houston, TX residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
38%
<35k
42%
35k-100k
21%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
17%
Single, with Kids
19%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
31%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Little Caesars
White Castle
Jack In The Box
What do the neighbors drive?
Dodge
Kia
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 1511 Scharpe St
The listing price of 1511 Scharpe St property is $499,000.
The property 1511 Scharpe St is a multi located in Houston, Texas, 77023.
Active Listing: 1511 Scharpe St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1511 Scharpe St are: Kipp Explore Academy (GreatSchools Rating 3/10), J. P. Henderson Elementary School (GreatSchools Rating 6/10), Cage Elementary School (GreatSchools Rating 4/10), Kipp Intrepid Preparatory (GreatSchools Rating 4/10), Project Chrysalis Middle School (GreatSchools Rating 8/10), Navarro Middle School (GreatSchools Rating 3/10), Austin High School (GreatSchools Rating 2/10), Community Services-Secondary (GreatSchools Rating 1/10), Kipp East End High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $5,735 (source: MLS/based on county public records data).
The property 1511 Scharpe St is 1,585 SqFt (source: MLS/tax record).
The year of construction for 1511 Scharpe St is 1935.
This home is located at 1511 Scharpe St in Houston, TX and zip code 77023 in the South Central Houston neighborhood. This 1,585 square foot home was built in 1935. Features: 1 bedroom, 0 bathroom. It has been listed on Rocket Homes since July 31, 2025 and is currently priced at $499,000.
In July 2025 more than 312 listings in Houston, TX were sold above the asking price. During the same period more than 460 listings were sold at asking price, while more than 1449 were sold below. The inventory of homes for sale in Houston, TX between June and July 2025 increased by 18.8%. Listings spent 41 days on the market in July 2025, and had a median list price of $323,310 during the same period.
From Rocket Homes Real Estate and based on county public records data.